SHIH
ActiveSummary
The computed 12-month bankruptcy probability of SHIH is 2.1% (moderate). The 2025 annual accounts show equity of €111,413 and a net result of €14,284. Equity remains stable across the filed fiscal years (±0.1% per year). The company has been active since 2002 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
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Signals
This company filed its last 7 accounts on average 42 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,370 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €14,160 | €26,400 | €34,200 | €30,000 | €30,000 | = |
| Other operating charges640/8 | €94 | €759 | €2,913 | €1,165 | €465 | ▼ 60.0% |
| Operating profit (loss)9901 | -€14,254 | -€27,159 | -€37,113 | -€31,165 | -€30,465 | ▲ 2.2% |
| Financial income75/76B | €5,448 | €43,845 | €25,291 | €42,624 | €45,232 | ▲ 6.1% |
| Recurring financial income75 | €5,448 | €43,845 | €25,291 | €42,624 | €45,232 | ▲ 6.1% |
| Non-recurring financial income76B | - | €43,845 | €25,291 | €42,624 | €45,232 | ▲ 6.1% |
| Financial charges65/66B | €126 | €388 | €286 | €585 | €483 | ▼ 17.5% |
| Recurring financial charges65 | €126 | €388 | €286 | €585 | €483 | ▼ 17.5% |
| Non-recurring financial charges66B | - | €388 | €286 | €585 | €483 | ▼ 17.5% |
| Profit (loss) for the period before taxes9903 | -€8,933 | €16,298 | -€12,108 | €10,874 | €14,284 | ▲ 31.4% |
| Profit (loss) for the period9904 | -€8,933 | €16,298 | -€12,108 | €10,874 | €14,284 | ▲ 31.4% |
| Profit (loss) for the period to be appropriated9905 | -€8,933 | €16,298 | -€12,108 | €10,874 | €14,284 | ▲ 31.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €82,065 | €98,363 | €86,254 | €114,145 | €111,413 | ▼ 2.4% |
| Current assets29/58 | €82,065 | €98,363 | €86,254 | €114,145 | €111,413 | ▼ 2.4% |
| Amounts receivable after more than one year29 | €257 | €0 | - | - | - | - |
| Trade receivables290 | €257 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €18,411 | €838 | €0 | - | €1,235 | - |
| Other amounts receivable41 | €18,411 | €838 | €0 | - | €1,235 | - |
| Current investments50/53 | €63,374 | €97,501 | €85,850 | €113,442 | €110,118 | ▼ 2.9% |
| Cash at bank and in hand54/58 | €22 | €24 | €405 | €703 | €60 | ▼ 91.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €82,065 | €98,363 | €86,254 | €114,145 | €111,413 | ▼ 2.4% |
| Equity10/15 | €82,065 | €98,363 | €60,564 | €97,129 | €111,413 | ▲ 14.7% |
| Contributions10/11 | €18,900 | €18,900 | €18,900 | €18,900 | €18,900 | = |
| Capital10 | €18,900 | €18,900 | €18,900 | €18,900 | €18,900 | = |
| Issued capital100 | €18,900 | €18,900 | €18,900 | €18,900 | €18,900 | = |
| Reserves13 | €82,457 | €82,457 | €56,767 | €82,457 | €92,525 | ▲ 12.2% |
| Non-distributable reserves130/1 | €1,890 | €1,890 | €1,890 | €1,890 | €1,890 | = |
| Legal reserve130 | €1,890 | €1,890 | €1,890 | €1,890 | €1,890 | = |
| Distributable reserves133 | €80,567 | €80,567 | €54,877 | €80,567 | €90,635 | ▲ 12.5% |
| Profit (loss) carried forward14 | -€19,292 | -€2,994 | -€15,103 | -€4,228 | -€12 | ▲ 99.7% |
| Amounts payable17/49 | - | - | €25,690 | €17,016 | - | - |
| Amounts payable within one year42/48 | - | - | €25,690 | €17,016 | - | - |
| Other amounts payable47/48 | - | - | €25,690 | €17,016 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,933 | €16,298 | -€12,108 | €10,874 | €14,284 | ▲ 31.4% |
| Operating cash flow (approximation) | -€8,933 | €16,298 | -€12,108 | €10,874 | €14,284 | ▲ 31.4% |
| Change in cash | - | €2 | €381 | €298 | -€642 | ▼ 315% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
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About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24434F0233/00K004 | Flanders | 184 m² | 1 · 77 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Recognitions · licences · registrations
Legal Entity Identifier
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.